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Oxbridge Re Holdings ( (OXBR) ) has provided an announcement.
Oxbridge Re Holdings Limited announced that its subsidiary, SurancePlus Holdings Ltd., is commencing an offering of up to $5,000,000 in ordinary shares, accompanied by private placement warrants. The proceeds from this offering will be used for general corporate purposes, including the growth of its Web-3 segment. The securities offered are exempt from registration under the U.S. Securities Act and will be sold only to accredited investors. This move aims to bolster the company’s operations and align with its strategic business goals.
More about Oxbridge Re Holdings
YTD Price Performance: -1.82%
Average Trading Volume: 28,894
Technical Sentiment Consensus Rating: Strong Sell
Current Market Cap: $25.22M
For detailed information about OXBR stock, go to TipRanks’ Stock Analysis page.
